Quote from: laurenB7742 on April 02, 2022, 09:40:35 PM

Quote from: TheGreatPython on April 02, 2022, 09:33:14 PM

Quote from: BlackHatCoiner on April 02, 2022, 01:50:35 PM

Quote from: operator55 on April 02, 2022, 11:44:06 AM

If that goes through and gets implemented, it's pretty much the end of crypto and many fundamentals it's based on such as 'not-my-keys-not-my-coins'

No, it's not.
The foundations of cryptocurrency, as an idea, are very strong. It is well known that peer-to-peer, decentralized networks are unstoppable. Of course and they can be regulated, but there's a limit. If you deposit your coins to big, centralized exchanges you fall back on the central point of failure. Don't. Use a DEX. You'll always be able to move them across pockets without anyone's permission.
I know no fundamentals that include the transition from crypto to fiat currency. This is what's going to get harder to do.

This is true, plus that's just Europe and not the whole world. As someone who doesn't live in Europe, I do not care about what their laws about crypto is at all. To say that "crypto as we know it would be gone" requires the whole world to jump in on this, not just Europe. There are like 5 billion people give or take that doesn't really get impacted about this at all, nobody cares about this in that part of the world.
Only the European continent and the places that gets impacted by this would care about it. Which means that at the very very worst case (and not even that) it would only cause a "crypto as we know it would be gone in EUROPE" and that's it, nothing more than that.

exactly, who cares EU Parlament!!
I don't have time to bother about them.
If they made changes then surely only they and their people will suffer for their shitty decisions.
The whole world will follow the basic crypto rules "not your key not your coins"
I think people are becoming very jealous of Bitcoin. They have no idea what decision they are making! This is not a good thing at all.

I think that when it comes to money and somehow they want to tell you through regulations and No privacy so that you have less money, people simply become irreverent, because normally both the rulers and the banks have their money and it is a lot that they have, then they are not interested in people in their particular economies having money or being able to achieve financial freedom in an economy totally different from the traditional one, this is what we commonly call the advantage of the deflationary economy over the inflationary one, where the traditional and inflationary economy, the accounts know who it is, and they have all their data, while with Crypto if the person wants to maintain their anonymity, they will keep it that way so that no one messes with them, this is logical.